May 17, 2022 | 08:00
In the context of globalisation with the explosion of the digital age, nearly 140 member countries of the Inclusive Framework Forum from the Organisation for Economic Co-operation and Development (OECD), including Vietnam, have agreed to implement a historic global minimum tax (GMT) regime, referred to as Pillar 2.
May 16, 2022 | 08:58
Tax incentives have always been a key factor in attracting foreign direct investment into Vietnam. However, concerns are arising as a global minimum tax agreement threatens to shake up the entire system and, therefore, foreign funding prospects.
May 10, 2022 | 16:37
Cigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT)
May 09, 2022 | 11:56
Beverage businesses are calling for no tax increase to support them in the recovery path ahead, thus enabling them to develop more sustainably and contribute more to socioeconomic development.
May 09, 2022 | 07:02
Deputy Prime Minister Le Minh Khai has approved reforms to the tax system.
May 05, 2022 | 18:00
Vietnam is being urged to stay current on the changing tax landscape and keep an eye on the broader global picture as the world continues to debate a far-reaching minimum corporate tax rate.
April 27, 2022 | 11:36
Vietnam International Bank (VIB) has announced its pre-tax profit of nearly $100 billion in the first quarter, up 26 per cent on-year.
April 19, 2022 | 09:00
A fresh tax scheme by the General Department of Taxation is focusing on overseas providers engaging in cross-border activities without a physical presence in the country, helping to alleviate their tax compliance puzzles in Vietnam.
April 18, 2022 | 15:00
It has been nearly three months since Vietnam implemented a VAT reduction from 10 per cent to 8 per cent with Decree No.15/2022/ND-CP dated January 28 on prescribing tax exemption and reduction, together with a corporate income tax (CIT) deduction for companies.
March 24, 2022 | 11:24
Concerns are being raised about the proposal to increase taxation imposed on real estate transactions and leasing and whether it could be an effective tool to prevent real estate speculation.
March 17, 2022 | 14:56
Minister of Finance Ho Duc Phoc said that the ministry has been proactive in collecting the tax revenue associated with cross-border e-commerce and tech giants.
March 15, 2022 | 11:37
The Ministry of Finance made an announcement on March 14 stating that there is currently no policy in place to prepare a draft law on real estate taxation.
March 11, 2022 | 14:01
The Ministry of Finance said it has completed the National Assembly Standing Committee’s draft Resolution on the adjustment of environmental protection tax rates for gasoline, oil, and grease, which is set to become effective from April 1 to the end of December 31 this year.
February 28, 2022 | 11:35
Increasing petroleum imports and raising related taxes is deemed an effective solution to offset the shortfall in domestic output.
February 10, 2022 | 08:12
More initiatives from the government to develop the real estate industry, particularly taxation and credit limitation, are believed to lay a foundation for curbing land speculation, maximising residential properties and creating a set of diversified finan